Nelcast FY26: PAT Up 30% YoY to ₹48.4 Cr; EBITDA Up 18%

Nelcast Ltd announced its FY26 financial results, reporting a 30% YoY increase in PAT to ₹48.4 Crores and an 18% YoY increase in EBITDA. The company's ROE and ROCE improved to 8.1% and 10.8% respectively. Revenue grew by 5.8% YoY to ₹1,342.4 Crores. The company strengthened its balance sheet through debt reduction, with the debt-to-equity ratio decreasing to 0.4x. The management anticipates a stronger performance in FY27, driven by export recovery and new product scale-up.